Industrial Building with Roll-Up
For Sale
Contact for pricing
3447 S Dort Hwy, Flint, MI 48529
Industrial building featuring eight roll-up doors, surface parking, and new 400 AMP electrical service in all units.
Property Size9,000 SF
Price / SF$61.11
Days on Market1568
Property Features for 3447 S Dort Hwy
General Information
Standard status
Active
Size
9,000 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Heavy Power
Yes
Listing Agency:
Gerdom Realty & Investment
(248) 242-6766
Listed By:
Joel Karboske · License #6501389134
(248) 242-6766
Source:
Moodyscre
Added: Apr 18, 2022
Changed: Jul 25
Last Checked: Jul 25 at 9:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gerdom Realty & Investment
Investment Insights
Based on property information with market context.
Industrial building for sale in the Flint market at 3447 S Dort Hwy, offering convenient access to I-75, I-475, I-69, and US-23. The building includes eight roll-up doors and more than a dozen surface parking spaces.
The property is vacant and ready for an owner-user or investor. A brand-new 400 AMP service is being installed in all units. In addition to the core industrial improvements, the rooftop billboard lease generates extra income.
Overall, the building’s roll-up door configuration and surface parking support flexible industrial use, with upgraded electrical service in place to serve current tenant and operational needs.
The property is vacant and ready for an owner-user or investor. A brand-new 400 AMP service is being installed in all units. In addition to the core industrial improvements, the rooftop billboard lease generates extra income.
Overall, the building’s roll-up door configuration and surface parking support flexible industrial use, with upgraded electrical service in place to serve current tenant and operational needs.
Key Highlights
- Industrial building with 8 roll‑up doors
- Brand new 400 AMP electrical service being installed in all units
- Vacant building suitable for an owner/user or an investor
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.4k | $9.60 |
| − Vacancy | −$8.7k | −$0.97 |
| EGI | $77.7k | $8.63 |
| − OpEx | −$27.2k | −$3.02 |
| NOI | $50.5k | $5.61 |
9,000 SF · lease $9.60/SF/yr · vacancy 10.10% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$884.2K
$773.7K – $1.03M
NOI $61,896 @ 7.0% cap · market cap 11.25%
Second Best
Industrial
$728.2K
$637.2K – $849.6K
NOI $50,973 @ 7.0% cap · market cap 9.27%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,569 @ 7.0% cap · market cap 24.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48529, MI
9,560
Population
4,430
Households
2.2
Avg Household Size
37
Median Age
8%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
1,992
Density / Sq Mi
$38,021
Median Household Income
$24,189
Median Earnings
$1,003
Median Rent
$74,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial building featuring eight roll-up doors, surface parking, and new 400 AMP electrical service in all units.
Where is this flex space located?
The property is located at 3447 S Dort Hwy Flint, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Industrial building with 8 roll‑up doors; Brand new 400 AMP electrical service being installed in all units; Vacant building suitable for an owner/user or an investor
